I-T raids NCR-based firm, detects Rs 3k cr evasion

An undisclosed income of over Rs 3,000 crore has been "admitted" by a NCR-based real estate group after the Income Tax department raided it recently, the CBDT said in a statement on Monday. Though the Central Board of Direct Taxes (CBDT) did not identify the firm, officials sources claimed it to be the Oriental India Group.

from Times of India https://ift.tt/2DIFVs9